Aeroports de Paris ADP (FR:ADP) has released an update.
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Aéroports de Paris SA reported a robust operational and financial performance for the first half of 2024, with a revenue increase of 13.4% to €2.9 billion and a net income Group share surge of 64.5% to €347 million. This growth was propelled by a 9.7% rise in passenger traffic and strong international presence, particularly through TAV Airports. Despite seasonal tourism in Paris expected to dip, the upcoming Olympic and Paralympic Games are anticipated to compensate, maintaining the positive outlook for the company’s 2024 EBITDA growth target of at least 4%.
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